Apartment / Condo for Sale by Auction (Lelong) in Cheras · Silk Residence 7-09
No. 7-09, Silk Residence, Jalan Sutera, Lebuhraya Silk, 43200 Cheras, Selangor Darul Ehsan.
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 1,066 sqft
- Auction Date
- Date to be confirmed
- Auction Round
- 7th auction · lower reserve
- Auctioning Bank
- Standard Chartered Bank Malaysia Berhad
- Area
- Cheras
- Region
- Selangor
- Reference
- 9AF469334A
Recent auction sold prices for apartment / condo in Cheras
Actual hammer prices against reserve for similar lots nearby, a benchmark for your bid.
| Property | Sold on | Round | Reserve | Sold price | Premium |
|---|---|---|---|---|---|
| No. A-23-09, Block A Apartment / Condo · Cheras | 29 Sep 2026 | 4th auction | RM 336,960 | RM 412,000 | +22.3% |
| No. A-01-05, Block A Apartment / Condo · Cheras | 22 Sep 2026 | 7th auction | RM 273,000 | RM 337,000 | +23.4% |
| No. C-27-2, Level 27 Apartment / Condo · Cheras | 22 Sep 2026 | 3rd auction | RM 535,000 | RM 535,000 | At reserve |
| No. 11-03A, Residensi Aster Cheras Apartment / Condo · Cheras | 17 Sep 2026 | 2nd auction | RM 396,000 | RM 396,000 | At reserve |
| No. B-09-03A, Damai Hillpark Apartment / Condo · Cheras | 14 Sep 2026 | 4th auction | RM 288,000 | RM 320,000 | +11.1% |
About This Lelong Apartment / Condo for Sale in Cheras
This bank auction (lelong) apartment / condo in Silk Residence, Cheras is for sale by auction with a reserve price of RM319,140, around 41% below market value. Auction properties like this one in Cheras can often be bought below market price.
This 1,066 sqft freehold apartment in Cheras, Selangor, is a bank auction (lelong) property with a reserve price of RM319,140, which is 41% below the market value of RM540,915. Located at Silk Residence along Lebuhraya Silk, it offers great potential for investors or homeowners. Contact agent Peter Tan for auction details.
Location
Open in Google Maps ↗No. 7-09, Silk Residence, Jalan Sutera, Lebuhraya Silk, 43200 Cheras, Selangor Darul Ehsan.
FAQ
How much below market value is this Apartment / Condo in Cheras?+
The reserve price of RM 319,140 is about 41% below the estimated market value of RM 540,915. Auction properties can often be bought below market.
What is the reserve price?+
The reserve price is RM 319,140, set by Standard Chartered Bank Malaysia Berhad, the minimum bid for the auction. The final price is decided by open bidding.
When is the auction?+
The auction date is to be confirmed. Contact Peter Tan 016-666 6872 for the latest schedule.
How do I bid on this property in Cheras?+
Register for the auction, pay the 10% deposit, and bid on auction day. Contact Peter Tan to guide you through registration, deposit and bidding.
Is financing available for auction properties?+
Yes, many banks finance auction (lelong) properties. Get loan pre-approval before bidding. Contact Peter Tan for details.
Prices and auction dates are indicative and subject to change by the auctioning bank. Reserve prices may be revised. Please contact us to confirm the latest details before bidding.
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